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Thread: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

  1. #71
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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by Taylor View Post
    Why? For most of us, the current jobs numbers are the best in our lifetime.
    True, but monumental would be going from 10% unemployment to the current rate. What we are seeing follows the trend line Trump inherited, combined with supply-side policy. The economy is pretty close to what we'd expect under these circumstances. Certainly something to celebrate but not monumental.

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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by MrPeanut View Post
    How is that in any way applicable to this situation? He has lower numbers than the previous boss. Jobs are good, but some of you guys need stop pretending like this is monumental stuff.

    The democrats want to go a diferent dirrection than that of the duely elected President and believe they should be able to fire him for the wrong direction.

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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by Michael Cole View Post
    True, but monumental would be going from 10% unemployment to the current rate. What we are seeing follows the trend line Trump inherited, combined with supply-side policy. The economy is pretty close to what we'd expect under these circumstances. Certainly something to celebrate but not monumental.
    Remember Paul Krugmans predictions upon Trumps election of what we should expect under these circumstances? GLOBAL recession. Id say unemployment rates not seen in 50 years and increases in real wages not seen in decades is monumental in comparison to what was predicted.

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    Re: U.S. Adds 266,000 Jobs in November

    Quote Originally Posted by Moderate Right View Post
    I didn't.
    Sure you didn't
    “personal attorney” to Individual-1, who at that point had become the President of the United States
    Quote Originally Posted by apdst View Post
    I don't know who [Individual-1] is and neither do you.

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    Re: U.S. Adds 266,000 Jobs in November

    Quote Originally Posted by Dittohead not! View Post
    No, quite clearly he's suggesting that Obama already had the economy on the road to recovery. Please remove the Trumper glasses and reread the post to which you attempted to respond.
    Oh, is that what Moderate Right is doing? Ok Moderate Right! I totally agree with you!
    “personal attorney” to Individual-1, who at that point had become the President of the United States
    Quote Originally Posted by apdst View Post
    I don't know who [Individual-1] is and neither do you.

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    Re: U.S. Adds 266,000 Jobs in November

    Quote Originally Posted by Cardinal View Post
    Neato bennito. So why do you suppose that trump's approval can't rise above 44%?
    Fake News hates Trump and reports propaganda to the masses

    Obama’s approval rating at the same point in his first term was 42% per Gallup
    Last edited by SLC; 12-06-19 at 03:36 PM.
    Cardinal: Yes. If I’m wrong, then for one month I’ll make my signature “SLC was right and I was wrong” and link to the bet in this thread. If I’m right then for one month you’ll make your signature “Cardinal was right and I was wrong” and link to the bet in this thread. Game? SLC: Absolutely

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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by Michael Cole View Post
    I don't know what happened with your company, but if the word from management was as you say, that could likely mean "he did something, and we're keeping it a secret."
    What he did was fight the home office wanting to screw up everything he did to improve the company. He lost his fight and the company got what they wanted, going in a different direction, down.

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    Re: U.S. Adds 266,000 Jobs in November

    Quote Originally Posted by Deuce View Post
    Sure you didn't
    Then prove I didn't.

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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by Bucky View Post
    Trump is a fighter for the working class, the average joe. Obama was a fighter for the fat cats on wall street. Look at where Obama just bought his mansion, Martha's Vinyard. Ya, Obama is for the common man.

    We are talking about facts. Jobs growth = facts. Job growth shows economic prosperity. Democrats meanwhile are descending into madness by discussing impeachment. Who the hell cares!
    Obama hated the middle class. As you said he bought a vineyard that is worth millions, he doesn't have the slightest clue what the average person goes through in his day to day life nor does he care.

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    Re: U.S. Added 266,000 Jobs in November; Unemployment at 3.5%

    Quote Originally Posted by dcsports View Post
    I found that out recently. Apparently striking workers count as unemployed, meaning if the strike is for an extended period, they count as job losses then gains. (States like Michigan will also pay full unemployment benefits while they are on strike). It's the same issue (in reverse) with non-seasonal temporary workers, like census workers, where the jobs were never going to be permanent.

    Personally, I think both of these are silly, but at least they do account separately for the jobs, so they can explain some of the month-to-month variation they cause.
    No, workers on strike are classified as employed for the purposes of the unemployment rate.
    However, for “new jobs”, which is based on a payroll survey, they might not be classified as employed if they don’t appear on the payroll that month and would appear as employed (new job) if they appeared next month.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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